Understanding The Underlying Economics of Bitcoin

Out of the existing 7000+ cryptocurrencies, Bitcoin stands as the dominant coin in the market. The peer-to-peer digital currency is the first crypto coin to be introduced in 2008 and has grown to be the most profitable virtual currency today.  Despite the rush to invest and earn some Bitcoin (BTC), most users still don't understand bitcoin basics. Perhaps users may not find it important as they are on board for profits, but with fewer insights, chances are you might make…